3-bedroom flat · BN21 2LY
Listing removedReduced £25k (−5.3%) on 21 JunListed 536 days
Opportunity summary
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About
A wonderfully spacious three bedroom apartment comprising the entire top floor of a modern purpose-built development with generous terrace securing glorious southerly views to The South Downs.
The apartment is accessed by passenger lift which provides direct access into the spacious reception hall.
The living accommodation is particularly generous and includes a splendid 24' x 20' living room with casement doors opening onto the private terrace extending to some 30', together with a 19' x 18' kitchen/breakfast room with integrated oven and hob and space and plumbing for other appliances.
The master bedroom measures an impressive 18' x 17' with an en-suite shower room and also provides secondary access to the sun terrace.
The other two double bedrooms are served by a bathroom with both a bath and shower cubicle. Other benefits include gas central heating, sealed unit double glazing and a garage.
Located in the Upperton area of Eastbourne the town centre and railway station are approximately 1 mile away with local shops including a Waitrose store in the immediate vicinity.
Passenger lift Providing direct access to the apartment reception hall living room - 24'0" (7.32m) x 20'0" (6.1m) roof terrace Approximately 30' in width kitchen / breakfast room - 19'9" (6.02m) x 18'0" (5.49m) Max master bedroom - 18'9" (5.72m) x 17'9" (5.41m) Into Bay en-suite shower room bedroom 2 - 20'6" (6.25m) Max x 11'3" (3.43m) bedroom 3 - 12'9" (3.89m) Max x 12'4" (3.76m) bathroom / WC outside: garage and communal residents' parking lease: Balance of 999 years (Share of Freehold) service charge: Approximately £5452 per annum ground rent: Nil council tax: Band 'F' EPC: 'C' pets: Not allowed sub-letting: Allowed All details concerning the terms of the lease are subject to verification Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Penthouse, 13 Lea House, Mill Road, Eastbourne
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